Country: Australia Page 80 / 87
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- April 29 2019
GrainGrowers: Australian drought market in “disarray”
Farming group decries lack of insurance products available for drought.
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- April 25 2019
Australia to allow historic complaints until 2008
The move under the next government could prove a major headache to some insurers.
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- April 24 2019
ACCC inquiry: ICA defends commissions
The Insurance Council of Australia replies to Australia's Competition Consumer Commission.
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- April 22 2019
ICA praises Sydney hailstorm payout effort
The Insurance Council of Australia says 50% out of US$910m of claims have been paid.
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- April 15 2019
China Re completes Australia and Ireland Chaucer deals
The sales finalise Hanover Insurance Group's sale of its Lloyd’s international specialty business.
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- April 12 2019
IAG faces class action lawsuit
Aussie giant is in potential further trouble over the sales of add-ons at a former subsidiary.
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- April 11 2019
Tokio Marine Group makes Australia acquisition
Tokio Marine Management (Australasia) has acquired the Bond and Credit Company.
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- April 10 2019
NAB seeks New Zealand life arm exit: report
National Australia Bank could be the latest Aussie firm to exit the market.
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- April 4 2019
ICA dismayed by lack of nat cat mitigation funding
The Insurance Council of Australia slams coalition government's budget.
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- April 1 2019
QBE to curtail thermal coal risks by 2030
Australian firm is the latest insurance firm to plan to stop underwriting coal.
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- March 29 2019
HDI hires QBE veteran for Asia aviation launch
Specialty insurer has recruited Jamie Bowes for an aviation push in the region.
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- March 27 2019
Australia’s summer nat cat bill surges above A$2.2bn
Flooding, wildfires and hailstorms have hit insurers' nat cat allowances.
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- March 21 2019
ICA reveals Australia’s most flood-prone areas
The research is a wake-up call to prioritise investments in flood mitigation.
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- March 15 2019
Severe storm drenches Sydney
Adjusters, brokers, insurers and reinsurers on high alert after a strong storm slammed Sydney.
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- March 12 2019
Queensland’s flood disaster highlights wide cover gap
The Insurance Council of Australia says around 50% of businesses didn't have flood cover.
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- March 11 2019
Victoria bushfires declared a catastrophe
Around 100 properties have been damaged as a result of multiple fires.
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- March 8 2019
Modelling wildfires
With bushfires ravaging Australia once again, insurers are asking if machine learning can help to model the risk.
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- March 5 2019
Wildfires rip through Victoria
Many losses to properties expected to be discovered over the next few days.
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- March 1 2019
Suncorp returns A$600m to shareholders on life sale
Sale to Japanese firm Dai-ichi Life has freed up capital for the Australian insurer.
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- February 28 2019
ICA: Australia’s market under “enormous” pressure
Insurance Council of Australia chief executive Rob Whelan warns of need for balance to reforms.
